Directorate Change

Fidelity Japanese Values PLC ("the Company")                  

                Appointment of two new non-executive directors                 

The Company is pleased to announce the appointments of Mami Mizutori and
Dominic Ziegler as non-executive Directors with effect from 17 November 2014.
They will also serve as members of the Management Engagement, Nominations and
Audit Committees of the Board.

Mrs. Mizutori worked for the Japanese Ministry of Foreign Affairs where her
posts included Director of the Japan Information and Culture Center at the
Embassy of Japan in London and Director for Financial Affairs for the Foreign
Ministry of Japan in Tokyo. Mrs. Mizutori is Executive Director of the
Sainsbury Institute for the Study of Japanese Arts and Culture and acts as a
special advisor in Japanese studies to the University of East Anglia.

Mr. Ziegler currently holds the post of Asia Editor at The Economist in London.
Mr. Ziegler has over 25 years' experience in top-flight journalism and
commentary, with a special expertise in East Asian affairs, particularly Japan,
having previously served as The Economist's Tokyo Bureau Chief.

There is no other information to be disclosed pursuant to LR 9.6.13R in respect
of either Mrs. Mizutori or Mr. Ziegler. As at the date of this announcement,
neither have any beneficial interests in the ordinary shares of the Company.

Natalia de Sousa
FIL Investments International
Company Secretary
Tel: [phone]

18 November 2014